Introduction
Louis Vuitton (LV) was established as a family conglomerate under the leadership of its founder Louis Vuitton Malletier. Later on, the company was rearranged when Bernard Arnault, the chairman, ousted Racamier, a descendant of Louis Vuitton, from the board of directors by taking 45% of the controlling stake, hence expanding the business. LV's luxury products have been in the market for generations and are known for their high quality and craftsmanship that maintain heritage, traditi